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Tungray Technologies Inc. Company Investigated by the Portnoy Law Firm

1. Portnoy Law Firm investigates potential securities fraud related to TRSG. 2. Investors are encouraged to pursue claims for recovering losses. 3. TRSG's Board stated prior financial reports are unreliable. 4. The firm's actions may lead to a class action lawsuit.

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FAQ

Why Very Bearish?

The indication of securities fraud often results in significant investor concerns, similar to past cases like Luckin Coffee.

How important is it?

The article discusses active investigations that could significantly impact TRSG's stock value.

Why Short Term?

Immediate reactions from investors to news of fraud can severely impact share prices.

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Investors can contact the law firm at no cost to learn more about recovering their losses LOS ANGELES, Jan. 29, 2025 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Tungray Technologies Inc. (“Tungray Technologies” or “the Company”) (NASDAQ: TRSG) investors that the firm has initiated an investigation into possible securities fraud and may file a class action on behalf of investors. Tungray Technologies investors that lost money on their investment are encouraged to contact Lesley Portnoy, Esq. Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 310-692-8883 or email: info@portnoylaw.com, to discuss their legal rights, or click here to join the case. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses. On December 31, 2024, Tungray Technologies submitted a current report to the U.S. Securities and Exchange Commission (SEC) on Form 6-K. According to the report, on December 30, 2024, the Company's Board of Directors, following the Audit Committee’s recommendation and discussions with management, concluded that the Company’s financial statements for the fiscal years ending December 31, 2023, 2022, and 2021, which were included in the Annual Report on Form 20-F for the year ended December 31, 2023 (filed with the SEC on April 26, 2024), should no longer be relied upon. As a result, other reports, press releases, earnings releases, and investor communications related to these financial statements should also no longer be considered accurate. Please visit our website to review more information and submit your transaction information. The Portnoy Law Firm represents investors in pursuing claims against caused by corporate wrongdoing. The Firm’s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes. Lesley F. Portnoy, Esq.Admitted CA, NY and TX Barslesley@portnoylaw.com310-692-8883www.portnoylaw.com Attorney Advertising

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